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Great Panic of 2008

Sorkin On What Happened After Lehman

Robert Teitelman | Posted 05.25.2011 | Business
Robert Teitelman

New York Times' reporter Andrew Ross Sorkin's excerpt microscopically examines the actions of some key regulatory and Wall Street players, in this case during the period immediately after Lehman failed.

The Search for Normalcy

Robert Teitelman | Posted 05.25.2011 | Business
Robert Teitelman

One view of "normal" has come out of the crisis stronger than ever: that "normal" doesn't exist at all, that the belief in market equilibrium has been effectively undermined.

Lehman Brothers' Nonlessons

Robert Teitelman | Posted 05.25.2011 | Business
Robert Teitelman

The real lesson of the Lehman meltdown and failure may turn out to be that it was not a deep enough shock to change a political and economic system that seems to require liquidity-driven growth.